At its last stage for government approval, the state’s executive council rejected the bond project 3-2. Read more
SWIFT launches blockchain ledger with 17-bank tokenized deposit pilot
SWIFT launched its new blockchain ledger that will host a tokenized bank deposit pilot for 17 major banks seeking faster cross-border payments. Read more
Bank of Korea stands firm on bank-led stablecoin push as deposit token pilots advance
The Bank of Korea reiterated its call for bank-led won stablecoin issuance while advancing deposit token pilots, as issuer rules remain a sticking point in South Korea’s digital asset bill. Read more
Bitcoin ETFs end 'most overwhelming' $2.7B sell-off amid new $85M net outflow
Bitcoin spot ETFs posted a fresh net outflow on Wednesday as analysis said that their “most overwhelming” outflow streak had ended without a clear demand recovery. Read more
Hyperliquid shows how onchain perps could challenge Wall Street: Pantera
Perpetual futures and Hyperliquid’s blockchain infrastructure are expanding into traditional asset classes with around-the-clock trading, according to Pantera Capital. Read more
Revolut says USDT delisting is limited to EEA, Switzerland
Revolut said USDT support remains unchanged outside EEA and Switzerland as it winds down the stablecoin offering in selected European markets. Read more